Using Analytics to Detect Possible Fraud
Home > Business and Economics > Finance and accounting > Accounting > Using Analytics to Detect Possible Fraud: Tools and Techniques
Using Analytics to Detect Possible Fraud: Tools and Techniques

Using Analytics to Detect Possible Fraud: Tools and Techniques

|
     0     
5
4
3
2
1




International Edition


About the Book

Detailed tools and techniques for developing efficiency and effectiveness in forensic accounting Using Analytics to Detect Possible Fraud: Tools and Techniques is a practical overview of the first stage of forensic accounting, providing a common source of analytical techniques used for both efficiency and effectiveness in forensic accounting investigations. The book is written clearly so that those who do not have advanced mathematical skills will be able to understand the analytical tests and use the tests in a forensic accounting setting. It also includes case studies and visual techniques providing practical application of the analytical tests discussed. Shows how to develop both efficiency and effectiveness in forensic accounting Provides information in such a way that non-practitioners can easily understand Written in plain language: advanced mathematical skills are not required Features actual case studies using analytical tests Essential reading for every investor who wants to prevent financial fraud, Using Analytics to Detect Possible Fraud allows practitioners to focus on areas that require further investigative techniques and to unearth deceptive financial reporting before it's too late.

Table of Contents:
Preface xi Acknowledgments xv Chapter 1: Overview of the Companies 1 The Four Companies 2 Company 1 2 Company 2 5 Company 3 8 Company 4 10 Summary 16 Chapter 2: The “Norm” and the “Forensic” Preliminary Analytics: Basics Everyone Should Know 19 Liquidity Ratios 20 Working Capital 21 Working Capital Index 21 Working Capital Turnover 22 Current Ratio 22 Case Studies: Liquidity Ratios 22 Profitability Ratios 25 Gross Profit 26 Gross Profit Margin 26 Stock Sales 26 Return on Equity 27 Case Studies: Profitability Ratios 27 Company 1 31 Horizontal Analysis 36 Company 1 36 Company 2 43 Company 3 50 Company 4 61 Vertical Analysis 66 Company 1 66 Company 2 70 Company 3 73 Company 4 79 Summary 79 Chapter 3: The Importance of Cash Flows and Cash Flow Statements 83 Cash Flows and Net Income 85 Company 1 87 Company 2 89 Company 3 92 Company 4 97 Other Cash Flow Techniques 100 Company 1 101 Company 2 104 Company 3 107 Company 4 114 Summary 117 Chapter 4: The Beneish M-Score Model 119 Company 1 124 Company 2 133 Company 3 143 Indices of the Primary Government 145 Indices of the Governmental Funds 151 Company 4 158 Summary 166 Notes 170 Chapter 5: The Accruals 171 Dechow–Dichev Accrual Quality 173 The Four Companies: Dechow–Dichev Model 175 Sloan’s Accruals 184 The Four Companies: Sloan’s Model 185 Jones Nondiscretionary Accruals 191 The Four Companies: Jones Model 192 Summary 196 Notes 198 Chapter 6: Analysis Techniques Using Historical Financial Statements and Other Company Information 199 The Piotroski F-Score Model 200 Company 1 203 Company 2 205 Company 3 207 Company 4 212 Lev–Thiagarajan’s 12 Signals 215 Company 1 220 Company 2 222 Company 3 225 Company 4 230 Summary 233 Notes 235 Chapter 7: Benford's Law, and Yes—Even Statistics 237 Benford’s Law 239 Company 1 243 Company 2 249 Company 3 255 Company 4 267 Simple Statistics 272 Company 1 277 Company 2 281 Company 3 284 Company 4 289 Summary 290 Note 292 Chapter 8: Grading the Four Companies 293 Company 1 294 Company 2 302 Company 3 310 Company 4 320 Summary 326 Bibliography 329 About the Author 331 Index 333


Best Sellers


Product Details
  • ISBN-13: 9781118585627
  • Publisher: John Wiley & Sons Inc
  • Publisher Imprint: John Wiley & Sons Inc
  • Height: 229 mm
  • No of Pages: 368
  • Returnable: N
  • Sub Title: Tools and Techniques
  • Width: 160 mm
  • ISBN-10: 1118585623
  • Publisher Date: 27 Sep 2013
  • Binding: Hardback
  • Language: English
  • Returnable: N
  • Spine Width: 31 mm
  • Weight: 616 gr


Similar Products

Add Photo
Add Photo

Customer Reviews

REVIEWS      0     
Click Here To Be The First to Review this Product
Using Analytics to Detect Possible Fraud: Tools and Techniques
John Wiley & Sons Inc -
Using Analytics to Detect Possible Fraud: Tools and Techniques
Writing guidlines
We want to publish your review, so please:
  • keep your review on the product. Review's that defame author's character will be rejected.
  • Keep your review focused on the product.
  • Avoid writing about customer service. contact us instead if you have issue requiring immediate attention.
  • Refrain from mentioning competitors or the specific price you paid for the product.
  • Do not include any personally identifiable information, such as full names.

Using Analytics to Detect Possible Fraud: Tools and Techniques

Required fields are marked with *

Review Title*
Review
    Add Photo Add up to 6 photos
    Would you recommend this product to a friend?
    Tag this Book Read more
    Does your review contain spoilers?
    What type of reader best describes you?
    I agree to the terms & conditions
    You may receive emails regarding this submission. Any emails will include the ability to opt-out of future communications.

    CUSTOMER RATINGS AND REVIEWS AND QUESTIONS AND ANSWERS TERMS OF USE

    These Terms of Use govern your conduct associated with the Customer Ratings and Reviews and/or Questions and Answers service offered by Bookswagon (the "CRR Service").


    By submitting any content to Bookswagon, you guarantee that:
    • You are the sole author and owner of the intellectual property rights in the content;
    • All "moral rights" that you may have in such content have been voluntarily waived by you;
    • All content that you post is accurate;
    • You are at least 13 years old;
    • Use of the content you supply does not violate these Terms of Use and will not cause injury to any person or entity.
    You further agree that you may not submit any content:
    • That is known by you to be false, inaccurate or misleading;
    • That infringes any third party's copyright, patent, trademark, trade secret or other proprietary rights or rights of publicity or privacy;
    • That violates any law, statute, ordinance or regulation (including, but not limited to, those governing, consumer protection, unfair competition, anti-discrimination or false advertising);
    • That is, or may reasonably be considered to be, defamatory, libelous, hateful, racially or religiously biased or offensive, unlawfully threatening or unlawfully harassing to any individual, partnership or corporation;
    • For which you were compensated or granted any consideration by any unapproved third party;
    • That includes any information that references other websites, addresses, email addresses, contact information or phone numbers;
    • That contains any computer viruses, worms or other potentially damaging computer programs or files.
    You agree to indemnify and hold Bookswagon (and its officers, directors, agents, subsidiaries, joint ventures, employees and third-party service providers, including but not limited to Bazaarvoice, Inc.), harmless from all claims, demands, and damages (actual and consequential) of every kind and nature, known and unknown including reasonable attorneys' fees, arising out of a breach of your representations and warranties set forth above, or your violation of any law or the rights of a third party.


    For any content that you submit, you grant Bookswagon a perpetual, irrevocable, royalty-free, transferable right and license to use, copy, modify, delete in its entirety, adapt, publish, translate, create derivative works from and/or sell, transfer, and/or distribute such content and/or incorporate such content into any form, medium or technology throughout the world without compensation to you. Additionally,  Bookswagon may transfer or share any personal information that you submit with its third-party service providers, including but not limited to Bazaarvoice, Inc. in accordance with  Privacy Policy


    All content that you submit may be used at Bookswagon's sole discretion. Bookswagon reserves the right to change, condense, withhold publication, remove or delete any content on Bookswagon's website that Bookswagon deems, in its sole discretion, to violate the content guidelines or any other provision of these Terms of Use.  Bookswagon does not guarantee that you will have any recourse through Bookswagon to edit or delete any content you have submitted. Ratings and written comments are generally posted within two to four business days. However, Bookswagon reserves the right to remove or to refuse to post any submission to the extent authorized by law. You acknowledge that you, not Bookswagon, are responsible for the contents of your submission. None of the content that you submit shall be subject to any obligation of confidence on the part of Bookswagon, its agents, subsidiaries, affiliates, partners or third party service providers (including but not limited to Bazaarvoice, Inc.)and their respective directors, officers and employees.

    Accept

    New Arrivals

    Inspired by your browsing history


    Your review has been submitted!

    You've already reviewed this product!